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How China Snares Tigers, Swats Flies on Path to Reform

By

WSJ Staff

Feb 27, 2014 4:55 am ET

China’s Communist Party chief Xi Jinping has spent much of his first year in office cracking down on “tigers and flies” in an anticorruption drive just as he pushes ahead with some serious economic reforms.

Those broad objectives may be two sides of the same coin, according to analyst Damien Ma, a fellow at The Paulson Institute in Chicago and co-author with economist William Adams of “In Line Behind a Billion People,” a look at China’s long-term development challenges.